Friday, October 16, 2026

September 12, 2024

Gold Rises on US Rate Cut Expectations

Gold prices firmed today after US inflation data all but guaranteed a Federal Reserve rate cut next week, while traders awaited more economic data from the US.

Spot gold was up 0.4 percent at USD 2,521.29 per ounce, while US gold futures edged 0.3 pe…

MSX Gains 20 Points

Muscat Stock Exchange (MSX) general index (30) today gained (20.8) points, comprising a rise by (0.44%) to close at (4745.56) points, compared to the last session, which stood at (4724.76) points.

The trading value today stood at (RO 3,235,316), comp…

Public Revenue Stands at More Than RO 7 Billion

At the end of July 2024, public revenue amounted to RO 7,154 million, down by RO 29 million compared to RO 7,183 million registered over the same period in 2023. This is mainly due to a decrease in gas and current revenues.

At the end of July 2024, n…

Oman Oil Price Rises 1.07 US Dollar

Oman oil price (November delivery 2024) today reached 71.92 US Dollars, comprising a rise by 1.07 US Dollar compared to the price of yesterday ‘Wednesday’ which stood at 70.85 US Dollars.

The average price of Oman oil (September delivery 2024) stabil…

Dollar Firm after Inflation Data Douse Bets for Big Fed Cut

The dollar traded near a four-week high versus the euro today after signs of some stickiness in US inflation reinforced expectations that the Federal Reserve would avoid a super-sized interest rate cut next week.

The dollar gained against the yen, fo…

Oil Prices Rise 1% on US Hurricane Impact Concerns

Oil prices rose more than 1% today, spurred by concerns of Hurricane Francine impacting output in the US, the world’s biggest crude producer, though worries of lower demand capped gains.

Brent crude futures for November were up $1, or 1.4% at $71.61 …

KSrelief Distributes 200 Food Baskets in Yemen

The King Salman Humanitarian Aid and Relief Center (KSrelief) distributed 200 food baskets in the Mahrah Governorate on Tuesday, benefiting 1,400 individuals from 200 families, as part of the 2024 project for distributing food aid to affected populati…

Scientists Discover Fatal Superworm Virus

Rutgers University’s scientists have discovered a virus responsible for the mass die-off of superworms, which are used as pet food and a human protein source.

Using cryo-electron microscopy, they identified the Zophobas morio black wasting virus, whi…

Recent posts

Campaign to Clean Al Saleel Nature Reserve in North A’Sharqiyah

Dima W’attayeen:North A’Sharqiyah The Environment Department in North A’Sharqiyah Governorate recently organized a campaign to clean the Al Saleel Nature Reserve. This initiative took place in the Wilayat of Dima W’attayeen, focusing on the theme “Pro…

Oman Engages in Bahrain Forum on Human Trafficking Prevention

Manama:The National Committee to Combat Human Trafficking from Oman participated in the 7th Government Forum on Combating Trafficking in Persons, held in Manama, Bahrain.

According to Oman News Agency, the forum brought together various entities and…

Integrated Efforts Boost Marine Conservation in South A’Sharqiyah

Baku:South A’Sharqiyah Specialized teams from the Environment Department in South A’Sharqiyah Governorate conducted a campaign in September 2026, rescuing 201 adult turtles that had strayed from their natural habitat. The teams also returned 57,744 tu…